Sharing Economy International (SEII) grants Series B share giving voting control
Rhea-AI Filing Summary
Huang Ximing reported acquisition or exercise transactions in this Form 4 filing.
Huang Ximing, CEO, President and a 10% owner of Sharing Economy International Inc., received a grant of 1 share of Series B Preferred Stock as a derivative award. According to the disclosure, this single Series B share grants its holder voting control of the company and has no expiration date. The grant was made under a Non-Employee Director Agreement in exchange for Mr. Huang agreeing to serve as Chairman of the Board for a three-year term, and is reported as directly owned with an underlying interest in 1 share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huang Ximing
Role
CEO, President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Series B Preferred Stock F1, F2 | 1 | $0.00 | $0.00 |
Holdings After Transaction:
Series B Preferred Stock — 4,103,939,642 shares (Direct)
Footnotes (2)
- F1. Share granted under Securities Exchange Act Rule 16b-3, pursuant to Non-Employee Director Agreement, dated August 10, 2026, by and between Sharing Economy International Inc. (the "Company") and Ximing Huang, which granted Mr. Huang one (1) share of Series B Preferred Stock, which grants the the holder thereof voting control of the Company, in exchange for Mr. Huang agreeing to act as Chairman of the Board of Directors of the Company for a term of thre years.
- F2. No expiration date.
Key Figures
Series B Preferred Stock granted: 1 share
Underlying common stock: 1 share
Derivative shares after transaction: 4,103,939,642.0000 shares
+2 more
5 metrics
Series B Preferred Stock granted
1 share
Derivative grant to Huang Ximing as of agreement dated August 10, 2026
Underlying common stock
1 share
Common stock underlying the 1 share of Series B Preferred Stock
Derivative shares after transaction
4,103,939,642.0000 shares
Total Series B Preferred Stock reported as held following the transaction
Exercise price
0.0000
Conversion or exercise price for the Series B Preferred Stock into common stock
Chairman term
three years
Length of Board Chairman service tied to the grant under the agreement
Key Terms
Series B Preferred Stock, voting control, Non-Employee Director Agreement, Securities Exchange Act Rule 16b-3
4 terms
Series B Preferred Stock financial
"granted Mr. Huang one (1) share of Series B Preferred Stock, which grants"
Series B preferred stock is a type of ownership share issued by a company that offers certain advantages over common stock, such as priority in receiving dividends or assets if the company is sold or liquidated. It is typically issued after an initial round of funding, making it a way for investors to support a company's growth while gaining some protections and benefits. This stock matters to investors because it often provides a more secure investment position with potential for future growth.
voting control financial
"one (1) share of Series B Preferred Stock, which grants the the holder thereof voting control"
Non-Employee Director Agreement regulatory
"pursuant to Non-Employee Director Agreement, dated August 10, 2026, by and between"
Securities Exchange Act Rule 16b-3 regulatory
"Share granted under Securities Exchange Act Rule 16b-3, pursuant to Non-Employee"
FAQ
What did Huang Ximing acquire in this Form 4 for SEII?
Huang Ximing was granted 1 share of Series B Preferred Stock of Sharing Economy International Inc. This derivative award is directly owned and represents an underlying interest in 1 share of common stock as disclosed.
Why is the Series B Preferred Stock grant significant for SEII?
The filing states that the 1 Series B Preferred share granted to Huang Ximing grants the holder voting control of the Company. This concentrates corporate voting power in that single preferred share, while common stockholders retain their existing economic interests.
What role does Huang Ximing agree to take at SEII in connection with this grant?
The Series B Preferred Stock was granted in exchange for Huang Ximing agreeing to act as Chairman of the Board of Directors of Sharing Economy International Inc. for a three-year term, under a Non-Employee Director Agreement dated August 10, 2026.
Does the granted Series B Preferred Stock at SEII have an expiration date?
The disclosure specifies that the granted Series B Preferred Stock has no expiration date. This means the rights associated with that preferred share, including its voting power, continue indefinitely unless changed by future corporate actions.
Is the SEII Series B Preferred Stock grant made under a trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction. Instead, the footnote explains the grant was made under a Non-Employee Director Agreement related to Huang Ximing’s service as Chairman of the Board.
AI-generated analysis. How Rhea-AI works. Not financial advice.